Abstract
In the study of economic behaviour one of the variables which is important at all levels of economic activity is investment: that is, the value of goods bought by the producing sector which will provide services in the future. This chapter is concerned with the factors affecting both the demand for net additions to capital stock and the replacement of capital assets, but ignoring the government sector and investment in housing and inventories. Alternative names for this gross investment are ‘private sector non-dwelling gross fixed capital formation’ or ‘gross private fixed non-residential domestic investment’.
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© 1974 R. F. Wynn and K. Holden
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Wynn, R.F., Holden, K. (1974). Investment. In: An Introduction to Applied Econometric Analysis. Palgrave, London. https://doi.org/10.1007/978-1-349-15548-4_2
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DOI: https://doi.org/10.1007/978-1-349-15548-4_2
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